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Business

Lawyers compete for big payoff, control in BP oil spill case

MIAMI: More than 100 lawyers are battling for the biggest chunks of what is likely to be a multibillion-dollar settlement for Gulf of Mexico oil spill victims, jockeying for spots on the elite team that will control the plaintiffs' cases.

Business

Analysis: Lawyers eye payday in record credit card settlement

NEW YORK: The proposed $7.25 billion settlement in a private lawsuit brought by retailers against Visa Inc and Mastercard Inc could spell one of the most generous paydays in U.S. history for lawyers.

Business

Brunei's Prince Jefri testifies about his business arrangements with lawyers

NEW YORK: Brunei's flamboyant Prince Jefri Bolkiah told his side of a dispute with some former lawyers to a court Thursday, a star witness in a multimillion-dollar money fight with a royal pedigree and a salacious tangent.

Business

US starts giving documents to lawyers of ex-Goldman banker Ng in 1MDB case

NEW YORK: U.S. prosecutors on Thursday handed over the first of 1 million evidentiary documents to the lawyers of Roger Ng, a former Goldman Sachs banker facing criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB.

Business

Lawyers for Huawei CFO urge Canada to withdraw extradition proceedings

NEW YORK: Lawyers for Huawei's chief financial officer urged Canada's justice minister on Monday to withdraw extradition proceedings against Meng Wanzhou, who has been detained in Vancouver since December on U.S. fraud charges.

Business

News Corp says hacking scandal lawyers were spied on

LONDON, Nov 7 (Reuters) The British newspaper arm of Rupert Murdoch's News Corp said on Monday its staff had ordered surveillance to be carried out on two lawyers representing victims suing the media group over the phonehacking scandal which has engulfed the company.

Business

Lawyers to file response to suit against nine EON Cap board members soon

PETALING JAYA: Three lawyers have been appointed to represent the directors of EON Capital Bhd (EON Cap) who have received a legal suit from major shareholder Primus Pacific Partners (HK) Ltd in protest of an offer for the bank's assets and liabilities by Hong Leong Bank Bhd (HLB).

Corporate News

Kamdar settles suit brought by its former lawyers

KUALA LUMPUR: Kamdar Group (M) Bhd and its chairman and managing director Kamal Kumar Kishorchandra Kamdar have settled the suit filed by the company’s former lawyers, Messrs Michael Chow, which had claimed for outstanding fees.

Business

EU lawyers say tax plan illegal

LONDON: A plan to tax financial transactions in 11 European Union member states from 2014 is illegal, the bloc’s lawyers have concluded, dealing what could be a final blow to the measure as proposed.

Business

Lawyers for MRT Corp and property owners to work out conditions for mutual agreement

KUALA LUMPUR: The dispute between MRT Corp and city property owners affected by the My Rapid Transit (MRT) project is close to being resolved, with lawyers representing the parties due to meet next week to work out the conditions for mutual agreement.